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ITAT Surat Deletes Section 271(1)(c) Penalty on Estimated Bogus Purchase Addition
27 Aug 2026 · 27 Aug 2026By CA Sandeep Kanoi
ITAT Surat deletes Rs. 37.30 lakh penalty under Section 271(1)(c), holding penalty unsustainable on an ad hoc estimated bogus-purchase addition. The post ITAT Surat Deletes Section 271(1)(c) Penalty on Estimated Bogus Purchase Addition appeared first on TaxGuru .
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